Tata Motors slashes passenger vehicles prices by up to 12%

Mumbai: Tata Motors on Wednesday announced that it has slashed the prices of its passenger vehicles up to 12 per cent, following the roll-out of the Goods and Services Tax (GST).

“We are offering a price reduction of upto 12 per cent ranging between Rs 3,300 and Rs 2,17,000 depending on the model and variant,” the car maker’s President (Passenger Vehicles Business Unit) Mayank Pareek said.

He said the step was taken with a strong focus to encourage positive buying sentiments.

Pareek said the car maker decided to pass on the entire benefit to its customers following the roll-out of GST.